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Stock Market & Financial Investment News

News Breaks
February 10, 2012
07:51 EDTACI
theflyonthewall.com: Arch Coal COO: sees volume reductions of more than 5M tons for Arch in 2012
COO John W. Eaves commented: "Given current weak coal market conditions, we remain acutely focused on managing our controllable costs, eliminating discretionary capital spending across the organization and delivering additional synergies, including further supply rationalization. We've previously announced that the longwall at our Dugout Canyon mine in Utah would be idled in 1H of 2012, and we've since reduced the workforce at our operations in eastern Kentucky. These actions, along with additional streamlining efforts, should result in volume reductions of more than 5M tons for Arch in 2012." :theflyonthewall.com



News For ACI From The Last 14 Days
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May 23, 2012
06:29 EDTACI
theflyonthewall.com: Stocks with implied volatility movement; PCX ACI

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May 22, 2012
14:57 EDTACI
theflyonthewall.com: Patriot Coal rebounding after announcing talks with lenders, Blackstone hiring

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14:12 EDTACI
theflyonthewall.com: Arch Coal, Alpha Natural, Peabody pare losses after Patriot Coal statement

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12:24 EDTACI
theflyonthewall.com: Coal miners sink after Patriot reportedly explores refinancing
Patriot Coal (PCX) and other met coal miners are retreating after online news publisher Debtwire reported that Patriot on Friday met with restructuring advisors because it may need to refinance its debts. In early afternoon trading, Patriot Coal tumbled 27.98% to $2.42. Arch Coal (ACI), Alpha Natural Resources (ANR), CONSOL Energy (CNX), James River (JRCC), and Walter Energy (WLT) all fell significantly. :theflyonthewall.com
12:10 EDTACI
theflyonthewall.com: Arch Coal, Alpha Natural, CONSOL, James River down with Patriot Coal

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08:24 EDTACI
theflyonthewall.com: BofA/Merrill's transportation analysts hold a conference call

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May 17, 2012
07:22 EDTACI
theflyonthewall.com: BofA/Merrill to host a conference

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May 15, 2012
12:44 EDTACI
theflyonthewall.com: Patriot Coal tumbles after saying key customer could default on order

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May 14, 2012
10:24 EDTACI
theflyonthewall.com: On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Arch Coal (ACI) upgraded to Buy from Neutral at UBS... Ares Capital (ARCC) upgraded to Equal Weight from Underweight at Barclays... Career Education (CECO) upgraded to Market Perform from Underperform at BMO Capital... Citi Trends (CTRN) upgraded to Outperform from Market Perform at Wells Fargo... Louisiana Pacific (LPX) upgraded to Outperform from Sector Perform at RBC Capital... McDermott (MDR) upgraded to Overweight from Neutral at JPMorgan... NetSuite (N) upgraded to Conviction Buy from Buy at Goldman... PDC Energy (PETD) upgraded to Buy from Hold at Canaccord... St. Jude Medical (STJ) upgraded to Buy from Neutral at Goldman... Teradata (TDC) upgraded to Overweight from Equal Weight at Barclays... Ultimate Software (ULTI) upgraded to Buy from Sell at Goldman... Vertex Pharmaceuticals (VRTX) upgraded to Overweight from Neutral at JPMorgan... Pulte Group (PHM) upgraded to Buy from Neutral at Guggenheim... Ryland Group (RYL) upgraded to Buy from Sell at Guggenheim... Toll Brothers (TOL) upgraded to Buy from Neutral at Guggenheim... NVIDIA (NVDA) upgraded to Average from Below Average at Cari. :theflyonthewall.com
06:36 EDTACI
theflyonthewall.com: Arch Coal upgraded to Buy from Neutral at UBS
UBS upgraded Arch Coal given valuation. Price target lowered to $11 from $12. :theflyonthewall.com

May 11, 2012
16:00 EDTACI
theflyonthewall.com: Obama adds 'clean coal' to supported energy sources, WSJ reports

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